Fidelity Total Bond ETF $FBND Stake Raised by Titleist Asset Management LLC

Titleist Asset Management LLC boosted its position in shares of Fidelity Total Bond ETF (NYSEARCA:FBND) by 13.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 178,054 shares of the company’s stock after buying an additional 21,527 shares during the period. Titleist Asset Management LLC’s holdings in Fidelity Total Bond ETF were worth $7,710,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Apella Capital LLC increased its stake in Fidelity Total Bond ETF by 25.1% in the 3rd quarter. Apella Capital LLC now owns 341,964 shares of the company’s stock worth $14,814,000 after acquiring an additional 68,712 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in shares of Fidelity Total Bond ETF in the third quarter valued at $1,457,000. Valeo Financial Advisors LLC grew its holdings in shares of Fidelity Total Bond ETF by 3.1% in the third quarter. Valeo Financial Advisors LLC now owns 2,047,605 shares of the company’s stock valued at $83,473,000 after purchasing an additional 62,023 shares in the last quarter. Plan A Wealth LLC increased its position in Fidelity Total Bond ETF by 75.8% in the third quarter. Plan A Wealth LLC now owns 44,641 shares of the company’s stock worth $1,933,000 after purchasing an additional 19,250 shares during the last quarter. Finally, Steph & Co. raised its stake in Fidelity Total Bond ETF by 27.3% during the third quarter. Steph & Co. now owns 316,767 shares of the company’s stock valued at $13,716,000 after purchasing an additional 67,854 shares in the last quarter.

Fidelity Total Bond ETF Stock Performance

FBND stock traded up $0.14 during trading on Thursday, hitting $43.45. 3,332,706 shares of the company’s stock traded hands, compared to its average volume of 3,124,322. Fidelity Total Bond ETF has a 52 week low of $43.11 and a 52 week high of $46.86. The stock has a market capitalization of $28.02 billion, a price-to-earnings ratio of 8.94 and a beta of 0.28. The business has a fifty day simple moving average of $44.46 and a 200 day simple moving average of $45.15.

Fidelity Total Bond ETF Company Profile

The Fidelity Total Bond ETF (FBND) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure. FBND was launched on Oct 6, 2014 and is managed by Fidelity.